Good Game US Dollar vs Tether

Tether (USDT) is 338926.0× the size of Good Game US Dollar (GGUSD) by market capitalisation. Over the past 30 days, GGUSD is ahead by 0.2 percentage points (GGUSD +0.1% against USDT -0.1%). Their daily returns move barely in opposite directions (correlation -0.05 across 23 shared trading days). USDT has been the more volatile of the two, at 1% annualised against GGUSD's 0%.

Correlation: -0.05
Size ratio: 1 : 338926.0
Ahead over 30 days: GGUSD

Good Game US DollarGGUSD

$0.998030

24h: -0.06%
Market cap: $525,896
Volume 24h: $443
Volatility (ann.): 0%

TetherUSDT

$0.999249

24h: +0.04%
Market cap: $178.24B
Volume 24h: $59.40B
Volatility (ann.): 1%

GGUSD 0.0%Share of the two combined market caps100.0% USDT

Performance

GGUSDUSDT

7 days+0.00%+0.03%USDT
30 days+0.08%-0.08%GGUSD

Correlation

-0.05over 23 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: insufficient data1y: insufficient data

Measured on daily returns rather than on prices. Two assets that both simply trend upward score near 1.0 on raw prices whether or not they move together, so returns are what answer the question people mean by correlation.

Risk & extremes

Metric	GGUSD	USDT
Max drawdown (400d)	-0.1%	-0.2%
Risk-adjusted return (90d)	0.18	-0.03

Relative strength over 90 days: GGUSD outperformed USDT by 0.0% — measured on the GGUSD/USDT ratio, so it holds regardless of market direction.

Good Game US Dollar →Tether →